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$243,893

3021 Lake Mead Pl, El Paso, TX, 79936

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,757 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.81 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesRange, Dishwasher, Free-Standing Gas Oven, Range Hood
FlooringTile, Vinyl

Exterior

Lot Size8,516 sqft

Building Information

Year Built1992
Roof Type105
Garage Spaces2

Land Information

APNV897-999-0680-2300
Lot Number23
SubdivisionVista Hills #27
Land UseResidential
Legal Description68 VISTA HILLS #27 LOT 23 (8515.96 SQ FT)
Census Tract010323
Assessed Land Value$28,396
Assessed Improvement Value$215,497
Assessment Year2025

About this property

Fall in love with this stunning brick home at 3021 Lake Mead, perfectly situated in a peaceful cul-de-sac location. Offering 3 spacious bedrooms and 2 beautifully appointed bathrooms. The expansive living areas include a massive main floor living room featuring a cozy fireplace—ideal for relaxing or entertaining—and a bright, airy loft space upstairs, perfect for an office, or extra lounge area. The heart of the home is the gorgeous kitchen, complete with rich wood cabinetry, quality appliances, and a separate dining area that's perfect for meals shared with loved ones. The master suite, located conveniently on the main level, boasts a large walk-in closet and an ensuite bath, providing a private retreat. You'll love the added convenience of the laundry area just steps away. Outside, the large backyard is an entertainer's dream, with plenty of space for gatherings and a storage shed to keep everything organized. This beautiful home is the perfect place to create lasting memories!

Investor Tools

Property Icon
$243,893
Estimated Property Value
$220,000Estimated Mortgage Balance
$28,097Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,463 /month
Positive
Cash Flow Estimate:
$488 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$595/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,915
$243,893
2025
$28,396
$215,497
$243,893
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,915
$243,893

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Option Mortgage Llc
Va
$220,000
Yes
First
Apr 2, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,796
$28,097
11%
88%
$1,320/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
$1,320/mo
+$300/mo
8.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: El Paso

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3021 Lake Mead Pl | Property Details | No Agent List